Latest News
OneSavings Bank rallies on RBC upgrade to 'outperform'
OneSavings Bank rallied on Tuesday as RBC Capital Markets upgraded the stock to ‘outperform’ from ‘sector perform’ and lifted the price target to 355p from 305p on higher forecasts and lower cost of equity.
Ashtead aims high as UK and US grow fast in first half
As growth at Ashtead Group's UK and US divisions has been at the faster end of its expectations, with a further boost from the pound's collapse, the plant hire group said it now expects full year results will exceed its original targets.
Liberum downgrades Barratt to 'sell' as it looks at UK housebuilders
Liberum downgraded Barratt Developments to ‘sell’ as it took a look at the UK housebuilding sector.
Imaginatik narrows losses and holds revenue steady
Imaginatik posted its unaudited results for the six months to 30 September on Tuesday, with a reduced loss after tax of £0. 26m, compared to £0. 41m, despite the impact of adverse currency movements.
G4S reaffirms strong cash flow and debt guidance
G4S said it expects to generate "substantial" free cash flow in the current calendar year and reiterated its guidance for the year ahead for cutting debt.
Tissue Regenix wins purchasing contract from US healthcare firm
Medical devices company Tissue Regenix has won a purchasing contract from US healthcare firm Premier.
German manufacturing orders beat expectations in October
German manufacturing orders rose a lot more than expected in October, according to figures released by Destatis.
RWS Holdings delivers record full-year revenue
Intellectual property support services provider RWS Holdings posted its final results for the year to 30 September on Tuesday, reporting record revenues and profits ahead of market expectations.
Tristel to issue shares pursuant to exercise of stock options
Tristel said it had issued shares the day before pursuant to the exercise of stock options in the company.
Europe open: Stocks flat but Italian banks recover
European stocks kicked off Tuesday’s session in a muted fashion as investors continued to digest the outcome of the Italian referendum, with the country’s bank stocks clawing back some ground following heavy losses in the previous session.
Thomas Cook to buy out JV retail partners to take full ownership
Thomas Cook is to take full ownership of its retail joint venture and buy out its partners in order to consolidate the travel company.
London open: Stocks nudge lower as investors continue to mull Italy vote
Stocks in London nudged lower in early trade as investors continued to mull over the implications of the Italian referendum and Prime Minister Renzi’s resignation amid a lack of fresh catalysts.
Ultra Electronics revenue growth to fall short of forecasts
Ultra Electronics said its trading performance remained in line with expectations, though full-year organic revenue growth will be "slightly below" previous guidance and there remained some blockages in the contract pipeline.
Victrex profit and revenue down as consumer electronics volumes drop
Victrex reported a drop in profit and revenue for the year to the end of September as it took a hit from a weaker first-half and lower overall consumer electronics volumes, but the company said it remains comfortable with current market expectations for 2017.
KAZ Minerals begins testing and commissioning at Aktogay
KAZ Minerals announced on Tuesday that the testing and commissioning of the main Aktogay sulphide concentrator had commenced.
Passenger numbers higher at easyJet, though load factor descends
Low-cost carrier easyJet posted its passenger statistics for November on Tuesday, with total passengers for the month improving 2. 9% to 4,947,060 year-on-year.
London pre-open: Stocks seen flat as investors continue to digest Italy vote
Stocks in London were set to open broadly flat on Tuesday as investors continue to mull over the implications of the Italian referendum and Prime Minister Renzi’s resignation.
Tuesday newspaper round-up: Brexit meeting, Carney, BRC, City tax bill
The City of London will not get any special treatment in the upcoming Brexit negotiations, senior members of Theresa May’s Cabinet have told a group of high-profile banking and insurance chiefs. Philip Hammond, the Chancellor, and David Davis, the Brexit Secretary, told a group of City leaders that, despite accounting for 11. 8pc of gross domestic product (GDP), financial and professional services is only one industry and cannot be seen to be treated differently.
US close: Markets green as traders shrug off Italian jitters
US equity markets were on the front foot on Monday, largely shrugging off the ‘no’ vote from the Italian referendum on constitutional reform and the resignation of its Prime Minister Matteo Renzi.